News

Landcadia acquires Waitr for $308M

November 16, 2018

Landcadia Holding has completed its acquisition of Waitr, a restaurant platform for online ordering and on-demand food delivery.

Waitr, based in Lake Charles, Louisiana, was founded in 2013 and had over 7,700 restaurant partners in over 235 cities in the southeast U.S.

Landcadia has changed its name to Waitr Holdings and the new company will trade on Nasdaq under "WTRH" as of this week, according to a press release.

Waitr co-founder Tilman J. Fertitta, as well as the executive team, will remain in their prospective roles with Meau also serving as chairman of the combined company’s board of directors.
"We are pleased to complete the merger with Waitr. I believe they are the best-in-class, on-demand food ordering and delivery partner for customers and restaurants. They are also positioned well to take advantage of the massive unpenetrated market for online delivery, particularly in secondary markets," said Fertitta in the release.